#automotive-industry-restructuring

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Cars
fromEngadget
4 days ago

Honda cancels three EVs that were months away from US production

Honda cancels three in-house electric vehicles under development at its Ohio EV Hub due to reduced US EV demand, unfavorable policy changes, and Chinese competition, redirecting focus to hybrids instead.
European startups
fromwww.theguardian.com
6 days ago

VW to cut 50,000 jobs amid Trump tariffs and falling Chinese sales

Volkswagen will eliminate 50,000 jobs by 2030 due to declining sales in China and North America, US tariffs, and geopolitical uncertainties affecting the global automotive market.
Cars
fromBusiness Insider
1 week ago

The EV graveyard: All the electric cars that automakers have axed this year

American EV sales collapsed 53.5% in January 2026 after federal tax credits ended, prompting automakers to discontinue or delay multiple electric vehicle models.
fromwww.bbc.com
6 months ago

MP says team will help Lotus workers find new jobs

I know what this means to people, I know how this feels, this is a punch in the stomach for every single person that has just heard this news,
Business
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